2022 Application Security Report [Beyond Security by HelpSystems]

Business applications are increasingly under attack from advanced threats and malicious actors that are looking to gain access through vulnerable software. Organizations are trying to counter these threats by utilizing various controls for securing applications, such as vulnerability scanning, anti-malware software, penetration testing, and identity and access controls.

To gain deeper insights into the state of application security, Cybersecurity Insiders conducted an in-depth study in partnership with Beyond Security by HelpSystems in June 2022. The resulting report reveals the latest application security trends, how organizations protect critical applications, and what tools and best practices cybersecurity professionals prioritize to find, fix and prevent vulnerabilities in next-gen applications.

Key findings include:

• Forty-four percent of organizations have experienced application breaches or compromises in the past, and 20% have been attacked just within the last year.

• The biggest barriers to better defending against cyber threats include the lack of skilled personnel (39%), followed by low security awareness among employees (35%), and lack of budget (35%).

• Application security is gaining importance for most organizations as a majority (51%) project a budget increase over the next 12 months. About a third (34%) believe their application security budgets will remain flat.

We would like to thank Beyond Security, by HelpSystems, for supporting this important research.

We hope you enjoy this report.

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